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Incubator/Accelerator
HEALTHCARE | Drug Development
nestlehealthscience.com

Investments

21

Portfolio Exits

5

Partners & Customers

10

About Nestle Health Science

Nestle Health Science, a wholly-owned subsidiary of Nestle, is a health-science company engaged in advancing the role of nutritional therapy to change the course of health for consumers, patients, and our partners in healthcare.

Headquarters Location

Avenue Nestlé 55

Vevey, 1800,

Switzerland

+41 21 924 1111

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Latest Nestle Health Science News

Nestlé launches HMO milk solution in China

Nov 27, 2023

The illuma product launched this month contains 2'Fucosyllactose (2'FL) and Lacto-N-(neo)tetraose (LNnT), which account for two of the three major types of HMOs. November 27, 2023 Nestlé launched a milk solution containing HMOs (Human Milk Oligosaccharides) for early life nutrition in mainland China, under the Wyeth illuma brand. This follows the recent approval for the use of such bioactives by the country's National Health Commission. The use of HMOs  is propelled by numerous scientific studies that show the importance of these components in gut and immune health as well as cognitive development in infants, the company said. HMOs  are the third most abundant solid component in human breast milk, after lactose and lipids. Human breast milk contains three major types of these structurally complex carbohydrates. The illuma product launched this month contains 2'Fucosyllactose (2'FL) and Lacto-N-(neo)tetraose (LNnT), which account for two of the three major types of  HMOs . The illuma blend additionally contains healthy lipids and proteins that together with the  HMOs , also play a role in gut and immune health and cognitive development. Manufactured at the Nestlé factory in Suzhou, mainland China, the launch of this product confirms Nestlé as a key provider of HMO -based early childhood nutrition solutions in the country. Nestlé will continue to expand its  HMO  offering in China as per the registration process. "We are dedicated to leverage our innovation expertise and advance our research in early life nutrition. This is our first launch of  HMO  products in China. We are delighted to bring the benefits of  HMOs  and 35 other vital ingredients in this illuma growing up milk to young children," said Laurent Alsteens, Global Head of Early Childhood Nutrition at Nestlé. Nestlé has conducted a significant number of HMO -related clinical studies and filed many patents related to  HMOs . The scientific research takes place at the company's global  R&D  organization, in collaboration with an extensive network of academic research centers and universities worldwide. Isabelle Bureau-Franz, Head of Nestlé's  R&D  for Nutrition says: "For over 30 years, we have been at the forefront of understanding the composition of human breast milk, and the vital role that  HMOs , and other nutrients and bioactives play in supporting growth and development during early life. The generated scientific knowledge has helped advance the scientific field for infant and maternal nutrition, while enabling us to develop and launch novel science-based solutions containing  HMOs  in over 50 countries globally." The launch of this illuma growing-up milk builds on Nestlé's global leadership in  HMO  science across its entire formula brand portfolio. It was the first company to introduce a complex of five  HMOs  in products, globally.

Nestle Health Science Investments

21 Investments

Nestle Health Science has made 21 investments. Their latest investment was in Enterome as part of their Corporate Minority on July 7, 2022.

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Nestle Health Science Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/18/2022

Corporate Minority

Enterome

$41M

No

2

7/13/2021

Convertible Note

ProciseDx

$13M

Yes

3

6/25/2020

Series E

Enterome

$52.6M

No

6

2/5/2020

PIPE - III

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$99M

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10

1/9/2020

Incubator/Accelerator

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10

Date

7/18/2022

7/13/2021

6/25/2020

2/5/2020

1/9/2020

Round

Corporate Minority

Convertible Note

Series E

PIPE - III

Incubator/Accelerator

Company

Enterome

ProciseDx

Enterome

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Amount

$41M

$13M

$52.6M

$99M

New?

No

Yes

No

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Co-Investors

Sources

2

3

6

10

10

Nestle Health Science Portfolio Exits

5 Portfolio Exits

Nestle Health Science has 5 portfolio exits. Their latest portfolio exit was ProciseDx on June 13, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/13/2023

Acquired

$99M

1

8/31/2020

Acq - P2P

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$99M

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10

7/10/2019

Acquired - II

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$99M

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10

5/9/2019

IPO

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$99M

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10

6/26/2015

IPO

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$99M

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10

Date

6/13/2023

8/31/2020

7/10/2019

5/9/2019

6/26/2015

Exit

Acquired

Acq - P2P

Acquired - II

IPO

IPO

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

10

10

10

10

Nestle Health Science Acquisitions

12 Acquisitions

Nestle Health Science acquired 12 companies. Their latest acquisition was GO Healthy on July 12, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/12/2022

$99M

Acquired

1

6/28/2022

Other

$99M

Acquired

5

2/22/2022

Series A

$99M

$19M

Acquired

1

7/9/2021

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$99M

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10

7/9/2021

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$99M

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10

Date

7/12/2022

6/28/2022

2/22/2022

7/9/2021

7/9/2021

Investment Stage

Other

Series A

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$19M

Note

Acquired

Acquired

Acquired

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Sources

1

5

1

10

10

Nestle Health Science Partners & Customers

10 Partners and customers

Nestle Health Science has 10 strategic partners and customers. Nestle Health Science recently partnered with Amwell on October 10, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

10/5/2023

Partner

United States

Nestlé Health Science Collaborates With Amwell® to Improve Nutrition Outcomes in Healthcare

The unique partnership combines Amwell 's proven ability to automate patient journeys with Nestle 's expertise in nutrition sciences and digital nutrition services , '' said Murray Brozinsky , chief strategy officer , Amwell .

1

8/22/2023

Distributor

South Korea

Hyundai Department Store joins hands with Nestle for bio expansion2023.08.22 11:18

Hyundai Department Store Group has partnered with the world 's leading food corporation , Nestle , in a strategic move to expand its bio business , seeing it as a future growth engine .

1

8/21/2023

Partner

United States

Royal Dairy Farm Together with Nestlé Health Science is Helping Reduce Greenhouse Gas Emissions through U.S. Dairy Net Zero Initiative

Royal Dairy farm and Nestlé Health Science 's partnership focuses on four key areas -- cow care and feed , manure management , renewable energy , and regenerative agriculture -- to show how dairy milk can be a sustainable source of nutrition .

1

6/5/2023

Partner

United States

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10

4/27/2023

Partner

United States

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10

Date

10/5/2023

8/22/2023

8/21/2023

6/5/2023

4/27/2023

Type

Partner

Distributor

Partner

Partner

Partner

Business Partner

Country

United States

South Korea

United States

United States

United States

News Snippet

Nestlé Health Science Collaborates With Amwell® to Improve Nutrition Outcomes in Healthcare

The unique partnership combines Amwell 's proven ability to automate patient journeys with Nestle 's expertise in nutrition sciences and digital nutrition services , '' said Murray Brozinsky , chief strategy officer , Amwell .

Hyundai Department Store joins hands with Nestle for bio expansion2023.08.22 11:18

Hyundai Department Store Group has partnered with the world 's leading food corporation , Nestle , in a strategic move to expand its bio business , seeing it as a future growth engine .

Royal Dairy Farm Together with Nestlé Health Science is Helping Reduce Greenhouse Gas Emissions through U.S. Dairy Net Zero Initiative

Royal Dairy farm and Nestlé Health Science 's partnership focuses on four key areas -- cow care and feed , manure management , renewable energy , and regenerative agriculture -- to show how dairy milk can be a sustainable source of nutrition .

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Sources

1

1

1

10

10

Nestle Health Science Team

11 Team Members

Nestle Health Science has 11 team members, including current Chief Executive Officer, President, Greg Behar.

Name

Work History

Title

Status

Greg Behar

Chief Executive Officer, President

Current

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Name

Greg Behar

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Work History

Title

Chief Executive Officer, President

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Status

Current

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